Financial
Distress signals
Property profile

5902 Kissena Blvd Flushing, NY 11355

OFF-MARKET
Retail space
Property ID
US63-3367715
8,400 SF 0.29 ac lot Built 1952
Last sale Mar 2014 · $6,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A street-level retail space in Flushing, Queens County, located near Queens College with direct street frontage along the I-495 corridor, within a dense residential area. The property includes approximately 900 square feet on the ground floor with an additional basement area, and sits on a lot measuring 0.2632 acres. The zoning is R5B. The space was historically used as a bar and is configured as a retail/consumer-facing interior suitable for a range of neighborhood-oriented uses, such as

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$117k
Tax billed · 2024
Assessed value$1.13M
Assessed land$295k
Assessed improvement$833k
Effective rate10.37%

Value estimate

· Sep 2026
$2.58M
$2.32M – $2.84M
CAP approach$2.31M
Sales comparison$1.76M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$741/SF
Submarket average, outlier-cleaned · 185 recorded sales of this use type
Observed band · Q1–Q3$448 – $1,322
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryRESIDENTIAL
JurisdictionQUEENS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm76.9
Realty agency71.3
Clothing Store35.9

Location

5902 Kissena Blvd Flushing, NY 11355-5546
County assessor Recorded deeds · 6 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5901 Kissena, Flushing, NY 11355-5547 $1,880,000 Feb 2025 3,400 SF
13604 Booth Memorial, Flushing, NY 11355-5010 $3,750,000 Jun 2024 5,640 SF
14206 41st, Flushing, NY 11355-2435 $5,000,000 Jun 2024 3,725 SF
13115 Fowler Ave, Flushing, NY 11355-4916 $1,792,147 Dec 2022 4,324 SF
13113 Fowler Ave, Flushing, NY 11355-4916 $1,554,347 Dec 2022 3,741 SF
13605 Sanford Ave, Flushing, NY 11355-3136 $14,500,000 Dec 2021 10,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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